chief creative officer leaves zynga
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Chief creative officer leaves Zynga

Arab Today, arab today

Arab Today, arab today Chief creative officer leaves Zynga

Washington - AFP

Another top Zynga executive has cashed in his chips as the social games company behind "Zynga Poker" and "Farmville" strives to improve its fortunes after a losing fiscal quarter. Zynga chief creative officer Mike Verdu said in a blog post late Tuesday that he is off to start a new company. Verdu's departure comes less than three weeks after the exit of chief executive John Schappert. "It's time for me to try something new," Verdu said. "Being at Zynga in the early days reminded me of how much I love being an entrepreneur," he continued. "After a lot of soul-searching, I have decided to go back to my roots and start a new company." Verdu joined Zynga about three years ago after working at US videogame giant Electronic Arts, where Schappert was once an executive. Spirits have sunk at San Francisco-based Zynga along with the stock price. The market has grown wary of social Internet firms after investors were burned during Facebook's debut as a publicly traded company. Zynga rose to stardom by tailoring games for play by friends at Facebook and went on to create its own online playground at zynga.com. Heavyweight Amazon.com recently got into the game to compete with Zynga, and rival EA has filed a lawsuit accusing Zynga of copying one of its titles. Zynga shares were down nearly three percent to $2.99 in trading Wednesday afternoon on the Nasdaq exchange. Zynga went public in December at $10 per share. Online retail colossus Amazon early this month launched its first online social game in a challenge to Zynga and announced the creation of a Game Studios team actively seeking new talent. The "Living Classics" title was tailored for play at Facebook. Amazon has the capital and the online clout to "disrupt" the social games industry from small startups to established titans such as EA, according to Douglas McIntyre of investment website 247Wallst.com. California-based Electronic Arts has filed suit claiming Zynga's game "The Ville" introduced in June illegally copied "The Sims Social." The Sims Social is among the life-simulation games from Silicon Valley-based EA. Zynga vowed to fight the lawsuit. Zynga shares took a blow in July after the company reported a $22 million loss in the second quarter.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chief creative officer leaves zynga chief creative officer leaves zynga

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

chief creative officer leaves zynga chief creative officer leaves zynga

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday